What will the market want to hear to believe there is real de-escalation and the Strait of Hormuz will reopen?
VONNIE QUINN
MARK CUDMORE
The only thing that matters is when the strait reopens. There is no sign of that. I have not heard a coherent reason for why Iran would let it open on an immediate basis.
MARK CUDMORE
Things are likely to get much worse before they get better. I remain very bearish on stocks. It's been a tough month for global markets; I can only assume it will get worse.
MARK CUDMORE
There are three protagonists (US, Israel, Iran). Neither Israel nor Iran has shown any inclination to stop the conflict. The base case is the strait stays closed.